Fenaka terminates 12 employees from Veyvah branch

Jun 22, 2026, 12:14 PM
Fenaka Veyvah branch.

Fenaka Veyvah branch.

Fenaka Corporation has terminated 12 employees from its branch in Meemu Veyvah.

According to the termination letters, the decision follows a screening process conducted by the State Electric Company (STELCO). This comes as part of the transition to transfer utility operations in Meemu Atoll from Fenaka to STELCO.

Fenaka stated that the 12 employees were dismissed under the company’s redundancy policy after they failed to qualify through STELCO’s recruitment screening process.

The employees were terminated with a payout equivalent to two months' notice, in accordance with redundancy regulations. Most of those dismissed are affiliated with the opposition Maldivian Democratic Party (MDP).

These dismissals coincide with a government decision to reduce the workforce of State-Owned Enterprises (SOEs) by 33 percent. A large number of employees, including long-serving and experienced professionals, are currently being laid off across various sectors.

Furthermore, allegations of politically motivated dismissals from SOEs have surfaced. So far this year, a total of 14 individuals have been terminated, all of whom were targeted for their support of the opposition MDP.

The MDP has expressed grave concern over the ongoing layoffs in SOEs and has been holding protests in response. The party has pledged that any employees dismissed unfairly or for political reasons will have their positions reinstated under a future MDP administration.

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